Page 10 - EBOOK RETAIL OPERATION 1 COMPLETED AS AT 30 OGOS 2022_Neat
P. 10

Types of Discount















                                                                                                         Trade discount

                     Quantity






                      discount                                                                    is compensation for





      is price reduction                                                                             performing certain






     on purchase large                                                                                       wholesaling or






                quantities of                                                                     retailing services for





               merchandise                                                                             the manufacturer












                                                                                                                                                             Seasonal




                                   Promotional discount                                                                                                      discount






                                                      is provided for                                                                               is provided for






                                                       performing an                                                                              purchasing and





                                                        advertising or                                                                          taking delivery of






                                     promotional service for                                                                                      merchandise in






                                                the manufacturer                                                                                     the off-season
















                                                                                                           Cash discount






                                                                                                          is offered to the






                                                                                                             retailer for the






                                                                                                        prompt payment





                                                                                                                             of bills



























                                                                                                                                                 3 I Merchandise Handling Procedure
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